SAIL sales rose 13% year-on-year to 1.87 million tonnes in August, supported by strong domestic demand and improved operational performance. The state-owned steelmaker also recorded its highest August production of hot metal, crude steel and saleable steel.
SAIL Sales and Production Gain Momentum
SAIL’s crude steel production increased 8% year-on-year to 1.68 million tonnes in August. Production stood at 1.55 million tonnes in the same month last year.
Hot metal production rose 9% to 1.78 million tonnes, compared with 1.63 million tonnes a year earlier. The output marked a record for August.
Saleable steel production also increased 1% to 1.69 million tonnes. Total sales reached 1.871 million tonnes, up from 1.654 million tonnes in August last year.
Value-Added Steel Sales Show Strong Growth
SAIL recorded its highest-ever August sales in several value-added steel categories. These included cold rolled, galvanised and alloy steel products.
Supplies to Indian Railways increased 5% year-on-year to 123,000 tonnes. Long rail supplies rose 11% to a record 112,000 tonnes, supported by continued demand from railway infrastructure projects.
SAIL Sales Rise 5.6% in April-August
For the April-August period, cumulative SAIL sales increased 5.6% to 7.71 million tonnes.
The company attributed the growth to a stronger product mix, wider regional outreach and firm domestic demand. Finished and processed steel sales also maintained positive momentum during the period.
Cash Collections Improve, Borrowings Decline
SAIL also strengthened its financial position during August. Cash collections increased 23% year-on-year.
The company reduced its borrowings by ₹8.7 billion from the March-end level. The improvement reflects stronger cash generation and continued focus on financial discipline.
SAIL Chairman and Managing Director A.K. Panda said the August and April-August performance reflected stronger alignment between operational capability, commercial delivery and financial discipline.
He said expansion projects were progressing and domestic steel demand remained positive, positioning the company for further growth.
SAIL’s 13% growth in sales, record August production and higher cash collections point to improving operational momentum as the company advances its expansion plans and responds to healthy domestic steel demand.
Source: Sarkaritel
